Finding someone to buy your silver items can take some time, so you need to make sure that you look around and find the best silver dealers Clinton has to offer. This way, you can make sure that you get the best price possible for all of your valuables.

A good buyer will carefully assess all of your things to give you an accurate understanding of how much they are worth. You can then use this information to decide what to do. Selling your silver can earn you quite a bit from the right dealer.

Mohamed and Sons Jeweler's

6364 Coventry Way, Clinton, MD 20735

(240) 533-6709

Complement Jewelry

P.o. Box 44828, Fort Washington, MD 20749

(888) 989-3543

Flirty Jewels

12010 Ishtar St, Fort Washington, MD 20744

(571) 418-7623

Taylor's Jewelers

2105 Old Fort Hills Ct, Fort Washington, MD 20744

(301) 292-1401

Toni's Creative Touch

6343 Old Branch Ave, Temple Hills, MD 20748

(301) 449-8664

A7

2517 Olson St, Temple Hills, MD 20748

(301) 899-1613

Q Accessories

3839 Branch Ave, Temple Hills, MD 20748

(301) 316-4547

Gold For Good

4812 Saint Barnabas Rd, Temple Hills, MD 20748

(301) 730-3024

Best Pawn

4305 Saint Barnabas Rd, Temple Hills, MD 20748

(301) 423-1700

Gold Plaza

3737 Branch Ave Ste 4, Temple Hills, MD 20748

(301) 423-7001

Royal Jewelry

6192 Greenbelt Rd, Greenbelt, MD 20770

(301) 345-1818

Silver Spring Towing

11504 E Maple Ave, Beltsville, MD 20705

(301) 220-1170

Carter Gold & Silver

10800 Rhode Island Ave, Beltsville, MD 20705

(301) 595-4653

Kiss Gold & Diamond International, Inc.

11431 Hawk Ridge Court, Beltsville, MD 20705

(301) 273-8092

Tactics That Successful Silver Dealers Use

Silver is a commodity. That means that any single ounce of silver is worth the same as any other ounce of silver at the same purity level. It's been used as money in a variety of cultures and silver dealers use tactics to buy and sell silver and make a profit. Here is how they do it.

Wholesale Markup

Silver dealers are in business to make money and they often do it by buying silver coins or bullion at wholesale prices. Perhaps they were able to buy a silver coin for the rock bottom price of $15. When these coins become scarce in the market, the dealer may choose to offer them to a collector. Collectors pay a higher price and remove the coins from circulation. The dealer makes a profit on the markup over the wholesale price that he paid.

Replacement Cost Price

A dealer should never sell anything for less than the cost of what it would take to replace it. That's the philosophy of most successful dealers in metals. They take the long view and buy silver when it reaches a low. Let's use the same number we used above. Say they bought an ounce for $15.

That's a good buy because the price of silver typically goes for more than that. To gain a profit, the dealer will have to hold onto the bullion until the price rises. At that point, he must sell it at a price no lower than what it would cost him to replace it. If silver has risen to $30 an ounce, he's made a tidy profit when he sells.

The first tactic requires finding the right kind of buyer in order to make a profit. The second one requires patience while waiting for the market to change. Both can be very lucrative.